CNBC Daily Open: The S&P 500 can hit a record high
Publishing timestamp: 2023-07-13 19:28:16
Summary
Major U.S. stock indexes ended the day in green for the fourth consecutive day of gains. The pan-European Stoxx 600 index and the U.K.'s FTSE 100 also saw gains. U.S. wholesale prices rose less than expected in June, indicating a potential slowdown in inflation. Disney's CEO mentioned the possibility of selling its TV assets. The former CEO of Celsius was arrested on securities fraud charges. Big banks are set to report earnings, which could impact stock prices. Analysts are optimistic about the potential for stock indexes to reach new highs.
Sentiment: MIXED
Tickers: DIS, .IXIC, C, JPM, WFC, BLK, .DJI, .SPX,
Keywords: jpmorgan chase & co, inflation, nasdaq composite, cryptocurrency exchanges, business news, producer prices, dow jones industrial average, technology, world markets, walt disney co, cryptocurrency, media, citigroup inc, blackrock inc, s&p 500 index, markets, wells fargo & co,
Source: https://www.cnbc.com/2023/07/14/stock-markets-the-sp-500-can-hit-a-record-high.html